EIRP Proceedings, Vol 1 (2006)

Abstract

The European Union has offered strong political and technical support at every stage of the trade liberalization process in South Eastern Europe. For candidate countries, the experience of trade liberalization in SEE does positively forego the economic cooperation, which stands for an element that inheres the European Union Membership. The EU is by far the most important trading partner for South Eastern European countries. In 2005, the total trade between the EU and the SEE amounted to € 79 billion. In 2004, regional trade amounted to € 3.5 billion, Romania’s exports to the SEE countries went up € 244 million (47%) of total.